The first state to legalize name, image and likeness payments to players is on the brink of changing college sports again. California lawmakers are proposing a new bill that, if signed into law, would change the landscape of college sports significantly more than even NIL has, requiring schools to share revenues with the athletes. The bill has passed through the Senate education and judiciary committees and now sits with the appropriations committee, which will weigh its budgetary impacts before deciding whether it will move onto the Senate floor or die. That announcement will come Thursday at the committee’s annual “suspense hearing” — a fitting name because anyone plugged into the college sports industry should be watching the result closely. This would mark the first time in history that players would receive payments related to their athletic performance directly from schools.

Source: Los Angeles Times May 18, 2022 10:52 UTC